Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
New Markets
Feb 24 2008 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Baseball/Softball Leagues Nuts &...
People
Feb 24 2008 // BMS, a reinsurance intermediary based in Philadelphia, has appointed James T. Buysse as chief executive officer of its North American operations, BMS Intermediaries Inc. Buysse has 25 years of experience in the reinsurance...
Declarations
Feb 24 2008 // Media Alert “In an attempt to goad the media into writing another article about their suit, State Farm continues to add more irrelevant, inflammatory and frivolous allegations. I hope the learned members of the media...
Business Moves
Feb 24 2008 // Mercator, Tennant Risk Services Mercator Risk Services, a specialty wholesale insurance broker, acquired Tennant Risk Services Insurance Agency LLC, a Hartford, Conn.-based wholesale broker and underwriting manager. Terms...
Business Moves
Feb 24 2008 // Higginbotham & Associates, ATMD Higginbotham & Associates announced a partnership with Allred-Thompson-Mason-Daugherty (ATMD) in an effort to broaden its Texas presence. ATMD is a general lines insurance agency...
Business Moves
Feb 24 2008 // Chartwell Independent Insurance Brokers Chartwell Independent Insurance Brokers LLC, a Los Angeles-based wholesale and specialty insurance broker focusing on high-risk, hard-to-place coverage, has opened a new office in...
Fla. Lawmakers Confront Property Insurance, again, in 2008 Session
Feb 22 2008 // Property insurance wasn’t supposed to be the big issue in the 2008 Florida Legislature. To the chagrin of many lawmakers, it just won’t go away. Legislators thought they’d largely taken care of the issue...
6 Fla. Workers’ Comp Cos. Ordered to Refund ‘Excess’ Profits
Feb 20 2008 // Florida Insurance Commissioner Kevin McCarty has ordered six workers’ compensation insurance companies to return $4.2 million in what his agency says are excessive profits to their policyholders. By law,...
Fla. Insurance Regulator Files Complaint to Suspend Allstate Licenses
Feb 19 2008 // Florida Insurance Commissioner Kevin McCarty today announced that the Office of Insurance Regulation has filed an administrative complaint on a non-emergency basis seeking to suspend the certificates of authority of the...
3 Convicted in Florida Workers’ Compensation Scheme
Feb 19 2008 // Three Florida business owners have been convicted in Jacksonville in a workers compensation scheme. Authorities say all three face life in prison and fines totaling $17 million. They’ve been identified as 54-year-old...
Fla. Sen. Committee Wants Allstate’s Internal Documents
Feb 18 2008 // A special Senate committee asked Allstate Insurance company executives to provide them more documents within two weeks in a letter mailed last week to the insurance giant’s chairman. Sen. Steven Geller, a Cooper City...
Florida Office of Insurance Regulation Announces Staff Changes
Feb 11 2008 // Florida Insurance Commissioner Kevin McCarty announced three staff changes at the Florida Office of Insurance Regulation. McCarty appointed Rebecca McCarley deputy chief of staff; promoted Chris Bailey to acting director...
3-day Dragnet in Florida Nets 47
Feb 10 2008 // Officials arrested 47 Floridians so far in a statewide, three-day operation, targeting 84 individuals for various insurance fraud charges, according to Florida Chief Financial Officer Alex Sink. The arrests, which took...
Declarations
Feb 10 2008 // Florida Sweep “While I understand the current challenge to find resources in this year’s budget, I am concerned about the recommendation to sweep $129.5 million from the Workers’ Compensation...
It’s Time to Undo Florida’s Property Insurance ‘Reforms’
Feb 10 2008 // A year has passed since Gov. Charlie Crist and a nearly unanimous Legislature hailed the arrival of a new era for Florida’s property insurance system. They promised lower rates, greater availability of insurance, and...
Florida Eyes Reduction in Collateral Requirement for Some Reinsurers
Feb 10 2008 // Gov. Crist and state officials suggest the change would free up more capacity but others question that theory Insurance trade organizations believe a move by Florida Gov. Charlie Crist to reduce collateral requirements for...
AIG Reaches $12.5M Settlment With States Over Bid-Rigging Allegations
Feb 10 2008 // American International Group, Inc. (AIG) has reached settlements with Florida, West Virginia, seven other states and the District of Columbia relating to their investigations into alleged bid-rigging and price-fixing and...
AIG to Pay $12.5M in Settlement with States Over Bid-Rigging Allegations
Feb 10 2008 // American International Group Inc. (AIG) confirmed in late January that it reached settlements with nine states and the District of Columbia relating to their investigations into alleged bid-rigging and price-fixing, and...
AIG to Pay $12.5M in Settlement with States Over Bid-Rigging Allegations
Feb 10 2008 // American International Group Inc. (AIG) confirmed in late January that it had reached settlements with nine states and the District of Columbia relating to their investigations into alleged bid-rigging and price-fixing and...
Fla. Lawmakers Schedule More Hearings on Property Insurance Rates
Feb 8 2008 // After two more days of grueling questions to Florida state regulators and insurance company executives, a special Senate panel wrapped up its business Tuesday as confused as when it began. In fact, the Select Committee on...
